Some Fibonacci Fun
To those that follow Fibonacci to any degree you will think this is pretty cool, if you don’t then it prob won’t mean much. The square out is completely speculative but the time is the time. Halloween is also the 55th bar from top which could signal the direction till the election, again speculative but I would be surprised if today is not a volatile day at the minimum. The chart pretty much shows the rest as far as near term timing windows and the uniqueness to upcoming events. I posted a version of this at the Rambus forum a little while back, if there’s any/much interest in this type of voodoo then I’ll try and get some posted here as well. Most think it’s BS.
Election + F29 bars = FOMC = Daily Cycle High
It’s also where the percentages show up too-
11/8-12/16=38 days but I know you are on the day count
In terms of calendar day counts I would look at 03 Dec 2015 + F377 but I suspect short term Fibonacci triangulation will prevail which will be 27 Nov low + F21 calendar days = 18 Dec
Mark it on your calendar!
Indeed, I’m doing this from memory at a gas station but I believe the end of November is 21 weeks down from top and fomc week is 55 weeks from 2015 low. Which obviously the 55 week and the 377 day count run pretty close.
LOVE IT!!!
Fibonacci is everywhere. In every thing.
I’ve been watching silver using a fib timeline…
which seems to be aligning with GDX.
http://stockcharts.com/h-sc/ui?s=%24SILVER&p=D&yr=1&mn=0&dy=0&id=p56092369427&a=480653107
I would like to see your count start again at the ICL 01 Jun
yep, one of the first things that got me into exploring time(other than Sir Norvast) was the SC fib tool. Put up a 10 yr weekly GLD/gdx and run a wave from 10/20/08 and another from 9/5/11 using the old flash system. The new HTML5 system sucks as it kills the wave after a few bars and you wont see much, the wave doesn’t stop after a few bars.The volume bars should line up perfectly with parts of the wave. It had me hooked after that.
Ha…..this is a new concept for me guys
I know Norvast has been looking at this but I never understood it till now
Keep em coming guys
Fibonacci Lives
https://www.mathsisfun.com/numbers/fibonacci-sequence.html